I am hoping to receive a mortgage offer from Nat West. I hope to use a Licensed Conveyancer in Templecombe. Does the Nat West Conveyancing panel include Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
The vendors of the property we are looking to purchase have appointed a conveyancing firm in Templecombe who has insisted on a exclusivity contract with a down payment 6,000. Are such agreements sensible?
Lock out agreements are agreements binding a home owner and prospective buyer granting the buyer a ‘clear field’ to purchase the premises within an agreed time frame. For all intents and purposes, a lock out agreement is a contract stating that you will have a contract at a later date which is the contract for the actual sale. It is generally used for buyer confidence though in many situations, the proprietor may stand to benefit from such agreements as well. There are various positives and negatives to having an agreement but you should to check with your conveyancer but note that it may end up incurring extra in conveyancing fees. In light of this these agreements are avoided in relation to conveyancing in Templecombe.
Do commercial conveyancing searches reveal planned roadworks that could affect a commercial premises in Templecombe?
Its becoming the norm that commercial conveyancing solicitors in Templecombe will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Templecombe. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Templecombe.
For each commercial conveyancing transaction in Templecombe it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Templecombe commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Templecombe.
I have todaybeen informed that Stirling Law have been shut down. They carried out my conveyancing in Templecombe for a purchase of a freehold house 9 months ago. How can I check that my home is in my name in the name of the previous owner?
The easiest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Templecombe conveyancing specialists.
How does conveyancing in Templecombe differ for newly converted properties?
Most buyers of new build residence in Templecombe come to us having been asked by the developer to sign contracts and commit to the purchase even before the residence is finished. This is because house builders in Templecombe usually purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Templecombe or who has acted in the same development.
I am selling my home. My past conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Templecombe if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Templecombe. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.